Corporate Tax Manager
A Corporate Tax Manager is responsible for overseeing a company's tax policies and ensuring compliance with tax laws. This role involves tax planning, preparing corporate tax returns, and advising on tax strategies.
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Sample Job Descriptions for Corporate Tax Manager
Below are the some sample job descriptions for the different experience levels, where you can find the summary of the role, required skills, qualifications, and responsibilities.
Junior (0-2 years of experience)
Summary of the Role
The Corporate Tax Manager will be responsible for overseeing the tax reporting, tax planning, and compliance functions. Their main duties include ensuring the company's compliance with various tax regulations, preparing tax returns, and devising tax strategies to minimize financial liabilities and optimize financial performance.
Required Skills
- Attention to detail and precision in tax-related documents
- Effective communication, both verbal and written
- Ability to manage and lead a team
- Good organizational skills and the ability to manage multiple projects
- Strong interpersonal skills
- Knowledge of GAAP and other tax accounting standards
- Proficiency with Microsoft Office Suite and tax preparation software
Qualifications
- Bachelor's degree in Accounting, Finance, or related field
- CPA certification or Master's degree in Taxation is highly favorable
- Strong understanding of tax laws, regulations, and compliance requirements
- Experience with various tax preparation, compliance and research software
- Excellent analytical and problem-solving skills
- Strong leadership and project management abilities
Responsibilities
- Prepare and file federal, state, and local tax documents by the appropriate deadlines
- Review tax returns and quarterly/yearly tax projections
- Manage and mentor junior staff members on tax projects and initiatives
- Liaise with tax authorities and provide tax audit support for the company
- Stay updated on industry and legislative changes pertaining to taxation and inform senior management about the potential impacts
- Assist in tax planning and strategies to minimize tax liabilities and take advantage of tax incentives
- Ensure accurate and timely reporting of all tax-related matters
Intermediate (2-5 years of experience)
Summary of the Role
The Corporate Tax Manager is responsible for overseeing the tax planning and compliance functions of the company. This involves ensuring that the corporation is in full compliance with tax regulations, optimizing the tax burden within legal limits, and advising on the tax implications of various corporate strategies.
Required Skills
- Proficiency in tax accounting, research and compliance software.
- Strong leadership and team management abilities.
- Ability to craft strategic tax plans and advice.
- Excellent organizational and time management skills.
- Keen attention to detail.
- Strong client service orientation.
- Up-to-date knowledge of tax laws and regulations.
Qualifications
- Bachelor's degree in Accounting, Finance, or a related field required; Master's degree or CPA preferred.
- Minimum of 2-5 years of progressive tax experience in a public accounting firm or a corporate tax department.
- Strong understanding of federal, state, and local tax regulations.
- Experience managing multiple client engagements and client service teams.
- Familiarity with tax software and Microsoft Office Suite.
- Strong analytical and problem-solving skills.
- Excellent verbal and written communication skills.
Responsibilities
- Lead and manage multiple tax engagements to deliver quality tax services for our corporate clients.
- Provide innovative tax planning strategies and compliance expertise to clients; perform research and prepare/review technical tax memorandum.
- Oversee complex tax research projects for clients in diverse industries.
- Manage a team of tax professionals and accountants; provide guidance and support to team members in their professional development.
- Ensure accurate and timely filing of corporate tax returns.
- Advise management on the tax impact of corporate strategies, proposed transactions, and business expansions.
- Monitor legislative and regulatory tax law developments, communicate the effects of these developments to management and the team, and create strategies to capitalize on changes to taxation legislation.
- Provide assistance during tax audits.
- Develop and maintain strong relationships with clients through proactive communication and excellent client service.
Senior (5+ years of experience)
Summary of the Role
As a Senior Corporate Tax Manager, you will be responsible for overseeing the tax planning and compliance function for the company. Your role will involve strategic decision-making to minimize tax liabilities and ensure compliance with tax laws. You will manage a team of professionals, providing guidance and oversight on complex tax matters.
Required Skills
- Strong analytical and problem-solving skills
- Excellent leadership and team management abilities
- Outstanding communication and interpersonal skills
- Ability to work under pressure and meet tight deadlines
- Strong attention to detail and organizational skills
- Proficient in using tax preparation and financial analysis software
- Solid understanding of corporate finance and accounting principles
Qualifications
- Bachelor’s degree in accounting, finance, or a related field
- Certified Public Accountant (CPA) or similar professional tax certification
- Minimum of 5 years of experience in a tax manager role, preferably in a corporate setting
- Proven track record of successful tax planning and compliance management
- Strong knowledge of tax laws and regulations, both federal and state
- Experience managing and leading a team
- Experience with tax software and proficient in MS Office Suite
Responsibilities
- Oversee and manage the entire tax planning and compliance process within the organization
- Ensure accurate and timely filing of all corporate tax returns
- Develop tax strategies to minimize corporate tax liabilities
- Keep abreast of changes in tax regulations and legislation and assess their impact on the company
- Manage tax audits and inquiries from tax authorities
- Advise senior management on tax-related matters and the tax implications of business decisions
- Coordinate with external tax consultants and advisors
- Provide leadership and mentorship to the tax team
- Develop and implement internal controls and policies related to taxation
- Analyze financial statements and reports for tax planning purposes
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